The Association of Corporate Travel Executives was founded in 1988 as the education and research resource for the global business travel industry. ACTE conducts three international conferences, plus more than 60 executive forums, PowerTalks, and webcasts annually. With 2,500 members in 37 countries, the association is best known for its studies, position statements, and industry wide surveys.
GetThere is the world's leading online corporate travel reservation technology. GetThere enables global corporations and government agencies to provide a convenient way for employees to book travel and plan meetings while significantly reducing costs. GetThere's advanced technology works with all major global distribution systems (GDS) and all travel management companies. More than 3,000 corporations, including 60 percent of the Fortune 200 companies that have online booking sites, use GetThere. More information is available at www.getthere.com.
Sabre Holdings Corporation (NYSE:TSG) is a world leader in travel commerce, retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at www.sabre-holdings.com.
About Travelocity Business
Travelocity Business is a full-service corporate travel agency that helps companies easily manage travel and reduce costs, while providing more choices to travelers. Travelocity Business combines the savings and convenience of online with the full service of dedicated agents available 24/7 who typically answer the phone in 20 seconds, and within 60 seconds guaranteed (see site for guarantee details). Companies can cut travel costs through flight deals, Web fares, hotel discounts and service fee savings --representing an average savings of more than $100 per trip, including airfare savings averaging 26 percent per ticket and service fee savings of up to 84 percent (see site for savings details).
Travelocity Business combines the expertise, service and travel choices of Travelocity with corporate experience gained from serving more than half of the Fortune 200 companies. For more information, companies can visit www.travelocitybusiness.com.
Airlines See Fuel Costs, Mandates, Customer Loyalty as Top Issues in Sabre Airline Solutions' Global Survey on Key Industry Challenges
While concerns about the environment are growing significantly in international markets, fuel costs dominate all other issues impacting the airline industry.
Travelocity's Gilliland: "Airline tickets are still a screaming good deal. They're still about 15% lower on average than they were before 9-11."
Chairman and Chief Executive Michael S. "Sam" Gilliland said the sale wouldn't change Sabre's business strategy.
The Atlanta-based travel reservation service is likely to see layoffs when merger complete.